Commercial property is showing signs of life as overseas buyers purchased $447.9 million worth in the first six months of 2011, according to Real Capital Analytics Inc., a New York-based researcher. That’s almost 10 times the $48.1 million in all of 2010 and twice the $209.5 million in 2009.

“The large-scale projects indicate the interest to stay in the market a significant amount of time,” he said in a telephone interview. “I think of Miami more along the lines of a San Francisco or Manhattan.”

Ben Carlos Thypin

I am currently the co-founder of Quantierra, the world's first data driven real estate brokerage and investment manager. In my former life as Director of Market Analysis at Real Capital Analytics, I worked with press outlets large and small to provide them with great data and insightful commentary. Here are some of the results of this collaboration. For the rest, please check out the News Archive.